
Problems Need
Solutions

Todays Problem:
Two sides of the same coin
We understand the challenges that procurement can have on a business. Whether it impacts on finance directly or by effecting service provision.
Finance
ISSUE
Lack of control leading to poor compliance.

IMPACT
Margin erosion & increased risks.
ISSUE
Multiple PO’s across different systems with limited control.

IMPACT
Inefficient AP function & increased risk of fraud & duplicate payments.
ISSUE
Cost of P2P systems historically high & wider digital agenda.

IMPACT
Under-investment in procurement systems.
ISSUE
Individual supplier credit arrangements.

IMPACT
Unnecessary admin & reduced flexibility to test alternatives.
ISSUE
Invoices in multiple formats.

IMPACT
Manual consolidation to produce financial reports.
Procurement
ISSUE
Procurement teams overstretched or non-existent.

IMPACT
Untested contracts & High % of unaddressed spend.
ISSUE
Lack of Data & Supplier Insight.

IMPACT
Less informed supplier negotiations & price creep.
ISSUE
Obsession with purchasing scale.

IMPACT
Missed opportunities to leverage data.
ISSUE
Resource required to carry our due diligence on supplier provenance.

IMPACT
Risk of non-compliance.
ISSUE
P2P is a closed system.

IMPACT
Myopic View of Supply Market & missed opportunities.
This is why Wippet exists. Through a mix of technology, capability, insight and efficiency, combined with access to fairer prices, Wippet helps to streamline your procurement for better results.
Our Solution
The Next Generation Marketplace for Business
